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Montana Code Annotated · § 33-2-516 — Inadequate reserves -- increase required

33-2-516. Inadequate reserves -- increase required

If loss experience shows that an insurer's loss reserves, however computed or estimated, are inadequate, the commissioner shall require the insurer to maintain loss reserves in such increased amount as is needed to make them adequate.

Source notes
History and annotations

En. Sec. 90, Ch. 286, L. 1959; R.C.M. 1947, 40-3009.

Official source for this version

Source captured 2026-09-26. Open the official source.

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